IDO ANNOUNCEMENT: PAYCER IS LAUNCHING ON POLKAEX LAUNCHPAD

Polkaex.io
4 min readDec 27, 2021

Dear PolkaExians, we are excited to announce that on January 4th, 2022, 12:00 PM (UTC), a new IDO project Paycer is launching on the PolkaEx launchpad.

Paycer Tokenomics

  • Token type: ERC-20.

IDO Timeline & Details

  • Allocation: $100,000.
  • Date: January 4th, 2022, 12:00 PM (UTC).
  • IDO price: $0.055.
  • Currency: USDT.
  • Initial Circulating Market cap: 1,148,812.5USD (1 month).
  • Network: Polygon.
  • Platform: PolkaEx Launchpad.
  • Vesting Period: Monthly distribution over a period of 6 months .
  • Token claim: PolkaEx Launchpad.

Private Pool

  • Private Pool allocation: $100,000.
  • Allocation type: According to tier system.
  • Time: 12:00–14:00 UTC, lasts for 2 hour.
  • Mode: Guaranteed.

Public Pool

  • Public Pool allocation: Unsold tokens from Private Pool.
  • Allocation limit: $100 — $2,000.
  • Time: 15:00–17:00 UTC, lasts for 2 hour.
  • Mode: First come, first serve (FCFS).

IMPORTANT

I. Stake the appropriate amount of $PKEX in the IDO pool/Paycer IDO pool(BSC)/Paycer IDO pool(Polygon), any of the above three pools, to receive corresponding maximum allocation by tier grade. If you have staked in all three pools or two of them, the tier grade will be displayed according to the total stake amount. The deadline is 2 hours before IDO officially starts. (👉 app.polkaex.io/pools)

IDO pools

II. Regardless of which network you staked $PKEX under, the IDO will be done on Polygon and stakers will need to switch their network to Polygon, have $USDT and a little $MATIC for fees in the same wallet in order to purchase $PRC tokens on Polygon. (👉app.polkaex.io/launchpad)

Paycer IDO

Restricted Region List

United States of America, Canada, People’s Republic of China, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea, and Sevastopol, Iran, Syria, North Korea, Sudan, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea (DPRK), Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen, Zimbabwe; (ii) any state, country or other jurisdiction that is embargoed by the United States of America.

ABOUT PAYCER

The Paycer team is developing a bridge protocol that aggregates DeFi and crypto services cross-chain and combines them with TradFi to create new user-friendly financial products and services available on an easy to use platform.

Paycer is building a bridge protocol to connect traditional and decentralized finance. This will support the mass market adoption of decentralized finance (DeFi) to fix the broken low interest banking system. It is Paycer’s mission to provide precisely such simple and secure financial products for everyone based on blockchain technology. Therefore, Paycer is developing the Paycer protocol that aggregates DeFi products and provides them as new combined products on the Paycer platform. This will enable everyone to use the benefits of DeFi and create passive incomes to increase personal wealth.

Follow Paycer: Website | Twitter | TelegramLitepaperWhitepaper

ABOUT POLKAEX

PolkaEx is a cross-chain DeFi suite consisting of a Decentralized Exchange, a Launchpad, Liquidity mining, and NFT usecases. Our main chain of focus is Astar and by combining a Launchpad with a Decentralized exchange we believe this can open the door for legitimate projects seeking to raise funds and list on a Decentralized exchange on Shiden to do so in a decentralized, low fee and developer-friendly environment. Our Launchpad is live on Shiden Network, Ethereum, BSC and Polygon.

Our Dex was launched on Shiden Network with Staking and Liquidity mining. Shiden Network provides PolkaEx and the DeFi community with a whole Layer 2 scaling solution designed to benefit the user with a low transaction fee and fast speed. To sum up, while we make it possible for community members and investors to invest in early ideas and projects, we provide projects with a decentralized exchange to list their tokens on Shiden Network.

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Polkaex.io

PolkaEx is a cross-chain trade platform based on Polkadot, using Astar Network to provide higher TPS, lower transaction cost.